# A tale of two Grain Belts

> Widely varying US crop conditions are clouding forecasts for average corn and soybean yields. USDA's August survey put yields below the 20-year trend, and drought persists across much of the western and northern Corn Belt even as historic floods hit other areas.

- Date: 2022-08-29 · published 2022-08-29T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/13337-a-tale-of-two-grain-belts
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Uncertainty over national yields and drought in the northern and western Corn Belt supports corn and soy prices ahead of the September USDA update.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-26 | [Grains: Risk of a La Niña \| CZ app](https://feedsoft.ai/events/44484-grains-risk-of-a-la-nina-cz-app.md) | +8.0% | +9.6% |
| CORN | 2024-06-25 | [A Tale Of Two Crops: Farmers Struggle Against Flooding And Drought - AgWeb](https://feedsoft.ai/events/13178-a-tale-of-two-crops-farmers-struggle-against-flooding-and-drought-agweb.md) | -4.9% | -2.5% |
| CORN | 2017-09-29 | [Western Corn Belt Rain Ahead](https://feedsoft.ai/events/68876-western-corn-belt-rain-ahead.md) | +3.1% | +2.4% |
| CORN | 2023-12-28 | [Mexico imported a record amount of grains this year](https://feedsoft.ai/events/32694-mexico-imported-a-record-amount-of-grains-this-year.md) | -2.1% | -3.4% |
| CORN | 2017-01-24 | [SAM trumps Uncle Sam… - Grain Central](https://feedsoft.ai/events/72846-sam-trumps-uncle-sam-grain-central.md) | -0.4% | +0.7% |
| SOY | 2021-10-26 | [Grains: Risk of a La Niña \| CZ app](https://feedsoft.ai/events/44484-grains-risk-of-a-la-nina-cz-app.md) | -0.0% | +3.0% |
| SOY | 2024-06-25 | [A Tale Of Two Crops: Farmers Struggle Against Flooding And Drought - AgWeb](https://feedsoft.ai/events/13178-a-tale-of-two-crops-farmers-struggle-against-flooding-and-drought-agweb.md) | -1.3% | -4.9% |
| SOY | 2017-09-29 | [Western Corn Belt Rain Ahead](https://feedsoft.ai/events/68876-western-corn-belt-rain-ahead.md) | +0.9% | +1.2% |

## Sources

- farmprogress.com: https://www.farmprogress.com/corn/a-tale-of-two-grain-belts

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.